Valuation No.
0581189200
Location
379 Mangarino Road, Hangatiki
Legal Description
LOT 3 DPS 91155 BLKS XII XVI ORAHIR SD - PT SUBJ TO R/W-PT SUBJ TO WATER EASEMENT- MINERALS AT 5811 89201
Certificate of Title
SA72A/741
Ward No.
2
Zone
1A
Use
12
Category
PFF
TORAS
121000
Property Area (hectares)
62.0000
Current Rating Valuation
As valued at 1 September 2024
Land Value
$5,600,000
Improvements Value
$1,050,000
Capital Value
$6,650,000
Nature of Improvements
Rates Information
Current Rating Year
2025/2026
Current Year Rates Instalments
Instalment 1.
$6,056.55
Instalment 2.
$6,056.50
Instalment 3.
$6,056.55
Instalment 4.
$6,056.50
Current Year's Rates
$24,226.10
Previous Year's Rates
$12,098.75
Rates for Current Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 003 | General Rate (C) | 6,650,000.00 | 0.22791 | $15,156.00 | |
| 012 | Solid Waste Rate (U) | 1.00 | 330.00 | $330.00 | |
| 021 | Uniform Annual General Charge (U) | 1.00 | 250.00 | $250.00 | |
| 038 | Stormwater Rural (U) | 1.00 | 22.00 | $22.00 | |
| 084 | Trade Waste Contribution TK (U) | 1.00 | 42.00 | $42.00 | |
| 089 | District Roading Rate - General (C) | 6,650,000.00 | 0.12546 | $8,343.10 | |
| 119 | District Wide Benefit Water (U) | 1.00 | 40.00 | $40.00 | |
| 120 | District Wide Benefit Wastewater (U) | 1.00 | 43.00 | $43.00 | |
| Total | $24,226.10 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2024/2025 | $2,000,000 | $3,050,000 | $12,098.75 |
| 2023/2024 | $2,000,000 | $3,050,000 | $11,096.90 |
| 2022/2023 | $2,000,000 | $3,050,000 | $10,542.85 |
| 2021/2022 | $1,910,000 | $2,860,000 | $10,774.25 |
| 2020/2021 | $1,910,000 | $2,860,000 | $11,000.80 |
| 2019/2020 | $1,910,000 | $2,600,000 | $9,607.05 |
| 2018/2019 | $1,120,000 | $1,750,000 | $7,670.05 |
| 2017/2018 | $1,120,000 | $1,750,000 | $7,506.55 |
| 2016/2017 | $1,120,000 | $1,750,000 | $7,409.40 |
| 2015/2016 | $1,670,000 | $2,300,000 | $9,321.05 |